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Saturday, October 6, 2007

Shobhit University starts insurance scheme for students, and parents / guardians

Shobhit University, Meerut, has opened a personal accident insurance scheme called Adarsh SUBIDHA Scheme (Adarsh Shobhit University Bima Dhan Scheme) with United India Insurance Co. Ltd.

The management showing the attitude to maintain corporate social responsibility and human ethics has opened the policy for Rs. 33 crore, operational since 10.09.2007

The uniqueness of the policy is that it covers not only all the staff members of the University but also the first year students enrolled in the University as well as their parents/financing guardians from personal accident arising out of any violent/visible means resulting into partial/permanent disablement or death. Keeping in view the fact that in case of any untoward accident, the study of students does not get affected due to financial constraints.

The extent of insurance coverage is as under
  • Students - Rs.1 Lakh
  • Parents/financing guardians - Rs.2 Lakh
  • Staff of University - Rs.1 Lakh
In case of partial permanent disability the claim payable is 50% of the insured amount.

Certificate of Insurance has been given to 1000 new students enrolled in first year and also for their parents/guardians as well as to around 300 staff members.

M/s Instant Healthcare Pvt. Ltd the intermediary of insurance company will provide free medical check up including ECG, X-ray etc. vision test with help of expert doctors once in a year on 8th February every year & also 10 free consultations annually from empanelled doctors nearer to the university campus to all students.

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